8, ALDER DRIVE, TIMPERLEY, ALTRINCHAM, WA15 7YG - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 ALDER DRIVE is a small extended detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £446,130. It was last sold for £315,000 in February 2018, which was around 42% below the average February 2018 detached price in the Trafford local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was C.

8 ALDER DRIVE Sold Prices

Land registry data shows three sales for 8 ALDER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. All of the three 8 ALDER DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 9 FEB	£315,000	£539,874	42% below HPI
2003 20 JUN	£205,000	£256,151	20% below HPI
1999 5 JAN	£115,000	£137,428	16% below HPI

8 ALDER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The three 8 ALDER DRIVE sales between January 1999 and February 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 8 ALDER DRIVE be worth now?

8 ALDER DRIVE might now be worth an estimated £446,130.

This is based on house price inflation of 41.6%, between February 2018 and February 2025, for detached houses, in the Trafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.6% inflationary increase is applied to the most recent sale price for 8 ALDER DRIVE of £315,000 on 9th February 2018. For the value to have increased from £315,000 to £446,130 over the seven years to February 2025, the following assumptions must hold true:

• The value of 8 ALDER DRIVE has moved in line with the HPI for detached houses in the Trafford local authority area.
• The February 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ALDER DRIVE has not materially changed since February 2018.

How Large is 8 ALDER DRIVE?

8 ALDER DRIVE is 110m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% of detached houses houses in Altrincham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Altrincham, and where 8 ALDER DRIVE lies on this distribution: 36% of detached houses houses are smaller than 8 ALDER DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Altrincham.

8 ALDER DRIVE: Plot and Title Map

8 ALDER DRIVE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 8 ALDER DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 ALDER DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 ALDER DRIVE?

8 ALDER DRIVE is located in TIMPERLEY, in the WA15 postcode district. The below map shows the position of No. 8 on ALDER DRIVE.